A Greek Energy Sell-off ?
Posted by Big Gav in greece
The FT has a report on the possibility of Greece defaulting on its debt payments, noting the government is considering selling a number of energy projects - Greece vows to avoid default at all cost
The plans include offering licences for undersea oil and gas exploration in the Ionian Sea off the west coast and also south of Crete. They are also looking for investment in solar installations that would export electricity to northern Europe and in offshore wind parks in the eastern Aegean.
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